US official says frozen Iranian funds have not been released
A US official has told The Associated Press that no frozen funds have been released to Iran and that none will be released until Tehran meets the requirements of Trump's interim agreement with Iran.
The official spoke on condition of anonymity because they were not authorised to speak on the record.
Treasury Secretary Scott Bessent told CNBC's Squawk Box this week that the Treasury Department would oversee how any unfrozen funds are spent.
"A very large percentage of it will go to buy US foodstuffs and medicines," Bessent said.
